Consistent with Selle Royalâs philosophy, crankbrothers will remain a unique entity within the group.
âThings arenât going to change for the sake of change, but the future will take a new evolutionary path that it wouldnât have been able to otherwise,â Herrick said. Losio agrees.
âWeâre not looking for synergies, nor is this some type of consolidation," he added. "Weâre looking to grow these wonderful, genuine companies independently yet as a collection of brands that have strong relationships with and a passion for their customers.â
This is a similar strategy to Selle Royalâs addition of the storied Brooks England company in 2002. Selle Royal management retained Brooksâ original factory in Birmingham, England, as well as its people and its historic integrity, while restoring the brand to its former glory and finding new audiences for Brooks products around the world.
Crankbrothers products will continue to be available through its USA distributors. As part of this merger, crankbrothers products will also be available in the US market through HighwayTwo, the sales and distribution company co-owned by Selle Royal and Continental.